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Jute and jute goods export earnings reached $1bn

Export earnings from jute and jute products reached $1062.54 billion in the last 11 months. Textiles and Jute Minister Golam Dastagir Gazi recently said that at the signing ceremony of the ‘Integrity Award, 2020-21’ and Annual Performance Agreement for the next financial year, 2021-22 for the departments or agencies under the ministry.

Bangladesh-Jute-goods-export-$1bn-2021
Figure: Textiles and Jute Minister Golam Dastagir Gazi recently said that at the signing ceremony of the ‘Integrity Award, 2020-21’ and Annual Performance Agreement for the next financial year, 2021-22 for the departments or agencies under the ministry. Courtesy: Collected

The Minister said, “This export earning is 33.2% higher than the same period last year and 2.57% more than the target,” adding that jute is the second-main export trade of Bangladesh.

Dastagir Gazi also said the closed mills of Bangladesh Jute Mill Corporation (BJMC) will be resumed under private management based on lease soon.

The workers who lost jobs for the closure of the mills will get job opportunities on a priority basis when the mills would be re-launched, he said.

“At the same time, these will create new employment opportunities for the skilled workers. All workers must be rehabilitated in phases,” Gazi said.

Mentioning the jute as one of the most important sectors of Bangladesh’s economy, the minister said the government is working to ensure the best use of this jute as Bangladesh traditionally produces the best quality jute in the world.

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